Coronavirus: Bernard Arnault cuts on his own salary and LVMH propose to reduce dividend by 30%

CEO Bernard Arnault and four other LVMH executives to give up their April and May salaries due to the crisis linked to the coronavirus epidemic, which will “have an impact on annual sales and results”, announces number one world of luxury.

 

Bernard Arnault will cut corners on his salary as CEO of LVMH, world number one in luxury, in the midst of the coronavirus crisis, along with four other group leaders.

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Featured Photo :  © LVMH

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Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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